CAMS Exam Dumps | Which of the following statements is true regarding the 2012 Financial Action Task Force (FATF) 40 Recommendations

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Question 194/374

Which of the following statements is true regarding the 2012 Financial Action Task Force (FATF) 40 Recommendations and/or 11 Immediate Outcomes?

A. The cornerstone of the 40 Recommendations is the adoption of a risk-based approach by each jurisdiction.

B. Each jurisdiction can reach out to the FATF for private access to the interpretive notes to the 40 Recommendations.

C. The 40 Recommendations have not been updated to reflect the impact of new technology.

D. The 11 Immediate Outcomes are recommendations specific to high-risk jurisdictions requiring enhanced monitoring.

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